Reliance Power shares rally 5% to hit new 52-week high
Shares of Reliance Power surged 4.8% on Tuesday to a fresh 52-week high of Rs 67.68 on the BSE, extending a rally that has seen the stock gain 76% over the past month and 173% in the last year. The stock has been buoyed in recent weeks by a combination of project wins, favourable court…
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Reliance Power stock rallies 18%; Supertrend indicator triggers ‘buy’
Reliance Power Ltd, part of the power generation space, rallied over 18% in intraday trade on Friday, supported by strong volumes. The momentum also triggered a buy on the Supertrend indicator on the weekly charts, which is a positive sign for the bulls. The Supertrend indicator is a trend-following technical analysis tool that helps traders…
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